Hungary’s second-quarter GDP grew by 17.9 percent year-on-year, after a double-digit decline in the base period, the Central Statistical Office (KSH) confirmed in a second reading of data released on Wednesday.
Adjusted for seasonal and calendar year effects, GDP climbed 17.7 percent. In a quarter-on-quarter comparison, GDP rose a seasonally and calendar year-adjusted 2.7 percent. KSH noted that unadjusted GDP was 2.2 percent higher than in Q2 2019, before the start of the pandemic.
Â
Hungary’s trade volume continued to grow in the double digits in June, the Central Statistical Office (KSH) confirmed in a second reading of data released on Wednesday. Exports increased by 22 percent to 10.5 billion euros and imports rose by 25 percent to 9.9 billion euros from the same period a year earlier.
The trade surplus reached 629 million euros.
For the period January-June, exports climbed 21.7 percent year-on-year to 59.591 billion euros and imports rose by 19.3 percent to 55.920 billion euros. The trade surplus reached 3.670 billion euros, widening from 2.095 billion euros in the same period a year earlier.
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Top Hungary news: snow covered Hungary, regime change in Budapest parking, forint free fall – 22 November, 2024
THE ranking: GyÅ‘r’s Széchenyi István University among the top science universities
Hungarian minister proud that both German and Chinese battery plants are built in Hungary
Here are the top Hungarian cities for expats seeking a new home
Drugs situation in Budapest serious, leading politician says
“Hungarian Iron Dome” deployed near the Ukrainian border, expert says Putin will attack Hungary
